BJs Wholesale Club Holdings Inc (BJ)

Net profit margin

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Net income	US$ in thousands	523,741	513,177	426,652	421,030	187,176
Revenue	US$ in thousands	19,908,500	19,276,000	16,612,200	15,430,000	13,190,700
Net profit margin		2.63%	2.66%	2.57%	2.73%	1.42%

February 3, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $523,741K ÷ $19,908,500K
= 2.63%

The net profit margin of BJs Wholesale Club Holdings Inc has shown variability over the past five years. It was 2.63% at the end of February 3, 2024, slightly lower than the 2.66% recorded on January 28, 2023. However, this recent margin remains within a consistent range observed in the preceding years, such as 2.57% on January 29, 2022, and 2.73% on January 30, 2021. It is notable that the net profit margin has been gradually improving since February 1, 2020, where it was notably lower at 1.42%. Overall, despite the fluctuations, the company has managed to maintain a modest level of profitability relative to its revenue across the years.